Accountancy, asked by anucutie1920, 2 months ago

If the commercial banks get fresh deposite
10 crores.
assuming cash reserve ratio of 20%. they
would be able
to multiply deposite through loans
loans and
advances to
extent

Answers

Answered by sujitkundu2709
4

Answer:

your answer is 2,000,000

Explanation:

Hope it is correct .

Thank you .

Attachments:
Similar questions